Kincora Copper has announced the partial results of the qualitative and
quantitative analysis from the Hole BF62 located in the West Kasulu zone at
Bronze Fox and from the license Tourmaline Hills in Southwest Mongolia.

The company disclosed intersecting significant amounts of copper and gold
mineralization at the Bronze Fox project is located 140km from the Oyu Tolgoi
deposit which is a copper-gold belt.

Kincora president and CEO John Rickus said the exciting results confirm that
higher grade zones exist within this exceptionally large system.

“For the remainder of the year our team will continue to explore a number
of high priority targets to establish the extent of the copper and gold
mineralisation on the Bronze Fox properties,” Rickus added.

Partial drill core intersected a 180m interval with continuous copper
mineralization from the hole BF62. The average copper grade is 0.5% and 0.1
gram per ton (g/t) gold with associated molybdenum mineralization up to 0.33%.

The 37m mineralization also includes 0.82% copper, 0.14 g/t gold and 0.04%
molybdenum, as it begins from surface and remains open at depth. The cutting
and sampling is on-going with the hole continuing below 1,000m.

Kincora is planning to drill the hole further to test the extent of the
mineralisation and will track the halo east and west which runs for two
kilometers.

The partial assays for Tourmaline Hills, one of the licenses acquired from
Forbes and Manhattan through an exchange of shares in
April 2012, indicated Hole F61 intersected one meter of 2.74 g/t gold between
39 to 40 metres and 5 metres averaging 2.65g/t gold between 60 to 65 metres.

It includes 3.45 g/t to 4.70 g/t gold across three metres.

Canada based Kincora Copper is a mining exploration and development company.